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Title: Wind Power Forecasting and Electricity Market Operations
Authors: Audun Botterud
Vladimiro Miranda
Jianhui Wang
Cláudio Monteiro
Issue Date: 2009
Abstract: In this paper we give a brief overview of wind power forecasting models and how they are used in power system and electricity market operations. We focus on the organized electricity markets in the United States, where several independent system operators (ISOs/RTOs) have recently introduced wind power forecasting systems as part of their operations. We find that wind power forecasting is already used for a number of important applications. However, as the amount of wind power capacity is rapidly increasing, there is a need to better integrate wind power forecasting into different parts of power system operations, from determination of operating reserve requirements to unit commitment and dispatch decisions. It is also important that wind power forecast providers tailor their products to meet the specific needs of the system operators.
metadata.dc.type: conferenceObject
Appears in Collections:CPES - Indexed Articles in Conferences

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